Can I use bitcoin in Hong Kong?|, in the first step towards granting the first virtual asset trading platform (VATP) licences since 2022.The Hong Kong Securities and Futures Commission has granted initial approval to 11 cryptocurrency exchanges to continue operating in the city
Could you kindly enlighten me on whether bitcoin can be utilized in Hong Kong? I've heard that the Hong Kong Securities and Futures Commission has awarded initial approval to 11 cryptocurrency exchanges, marking the initial step in granting virtual asset trading platform licences since 2022. This news seems to indicate that cryptocurrency transactions are becoming more legitimate in Hong Kong. However, I'm still a bit uncertain about the practical application of bitcoin in the city. Could you provide some clarity on this matter? Thank you in advance for your assistance.